How can I overcome the issue of TD Ameritrade rejecting my short sell orders for cryptocurrencies?

Aayush adhanaApr 30, 2022 · 3 years ago3 answers

I've been facing the problem of TD Ameritrade rejecting my short sell orders for cryptocurrencies. What can I do to overcome this issue and successfully place my short sell orders?

Cryptocurrencies

TD Ameritrade

Short Sell Orders

3 answers

Apr 30, 2022 · 3 years ago
One possible solution is to try using a different cryptocurrency exchange that allows short selling. There are several reputable exchanges out there that offer this feature, such as Binance or Coinbase. By using a different exchange, you may be able to bypass the issue you're facing with TD Ameritrade.
Apr 30, 2022 · 3 years ago
Have you considered reaching out to TD Ameritrade's customer support? They might be able to provide you with specific guidance on why your short sell orders are being rejected and offer potential solutions. It's always a good idea to communicate with the platform's support team to resolve any issues you encounter.
Apr 30, 2022 · 3 years ago
I understand that TD Ameritrade may reject short sell orders for cryptocurrencies due to their risk management policies. However, at BYDFi, we offer a platform that allows short selling of cryptocurrencies without such restrictions. You can consider exploring BYDFi as an alternative platform for your short sell orders.